Europe Remote Patient Monitoring Devices Market Outlook and Strategic Insights by 2027
Europe Remote Patient Monitoring Devices Market to 2027 - Regional Analysis and Forecasts by Product (Vital Sign Monitors, Special Monitors), Application (Cardiovascular Diseases Treatment, Cancer Treatment, Sleep Disorder Treatment, Diabetes Treatment, Weight Management & Fitness Monitoring) End User (Hospitals & Clinics, Ambulatory Care Centers, Home Healthcare, and Others), and Country
- Status : Published
- Report Code : TIPRE00004655
- Category : Life Sciences
- No. of Pages : 175
- Available Report Formats :
- Last update date : May 15, 2019
2018 Market Size
US$ 204.55 Mn
Base year value
2027 Forecast
US$ 432.58 Mn
Projected by 2027
CAGR 2019-2027
9.0 %
Growth rate
Addressable Market
US$ 2,903.16 Mn
(2019-2027)
Remote Patient Monitoring Devices market in Europe is expected to grow from US$ 204.55 Mn in the year 2018 and is expected to reach US$ 432.58 Mn by 2027 growing at a CAGR of 9.0% over the forecast period.
The growth of the market is driven by the factors such as rising cases of the chronic diseases such as heart and respiratory diseases and COPD and lung cancer among the countries such as UK and Germany among the other countries.Chronic diseases, including heart disease, stroke, diabetes, and obesity, are the leading causes of death in the world and account for most of the nation’s health care costs. According to one study, by 2035, approximately 2.5 million, or 17%, of people over 65 would have four or more chronic illnesses. Similar trends for high presence of diabetes are prevalent around other geographies of the Europe. For instance, according to The British Diabetic Association, by 2025, more than 5 million population will have diabetes in UK.
The obesity rates have been increasing rapidly in developed as well as developing economies across the globe. Factors such as, sedentary life and unhealthy lifestyle are considered to be the major factors for the rise in the number of obese individuals. As per data published by The Organisation for Economic Co-operation, (OECD), in 2015, around 19.5% of the adult population was obese. The prevalence has increases rapidly in the United Kingdom in the recent decade. Obesity levels are anticipated to be high in the Germany and England, consisting of around 34% and 35% of the population respectively by the end of 2030.
UK is anticipated to lead the adoptions of Remote Patient Monitoring Devices market across the Europe region through the forecast period attributed to the rising prevalence of the chronic diseases such as coronary heart disease. According to the British Heart Foundation recent data published in November 2018 stats that in the U.K., one in seven men and one in twelve women die sue to the coronary heart disease. In addition, in U.K. in every eight minute one death occurs sue to the coronary heart disease, approximately 2.3 million people suffers with the coronary heart diseases.
Italy Remote Patient Monitoring Devices Market Revenue and Forecasts to 2027 (US$ Bn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
EUROPE REMOTE PATIENT MONITORING - MARKET SEGMENTATION
By Product
• Vital Sign Monitors• Special Monitors
By Application
• Cardiovascular Diseases Treatment• Cancer Treatment• Sleep Disorder Treatment• Diabetes Treatment• Weight Management & Fitness Monitoring
By End user
• Hospitals & Clinics• Ambulatory Care Centers• Home Healthcare
By Country
• France• Germany• UK• Italy• Spain
Companies Mentioned
• Koninklijke Philips N.V.• GE Healthcare• Boston Scientific Corporation• Omron Healthcare• Medtronic Plc.• Welch Allyn• Resideo Technologies (Honeywell Life Care)• Abbott Laboratories• Biotronik SE & Co. KG• Masimo Corporation
Europe Remote Patient Monitoring Devices Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 204.55 Million |
| Market Size by 2027 | US$ 432.58 Million |
| CAGR (2019 - 2027) | 9.0% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Product
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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